v3.26.1
NET INCOME (LOSS) PER SHARE (Tables)
12 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Schedule of Calculations of the Basic and Diluted Net Income (Loss) Per Share and Potential Common Shares

Calculations of the basic and diluted net income (loss) per share and potential common shares are as follows (in thousands, except for per share data):

 

 

 

Fiscal Years Ended March 31,

 

 

 

2026

 

 

2025

 

 

2024

 

Numerator:

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

95,531

 

 

$

(366,922

)

 

$

(147,734

)

Denominator:

 

 

 

 

 

 

 

 

 

Denominator for basic net income (loss) per share - weighted average common shares outstanding

 

 

71,984

 

 

 

71,627

 

 

 

71,474

 

Dilutive common equivalent shares:

 

 

 

 

 

 

 

 

 

Weighted average restricted stock units and performance-based restricted stock units

 

 

1,371

 

 

 

 

 

 

 

Denominator for diluted net income (loss) per share - weighted average shares outstanding

 

 

73,355

 

 

 

71,627

 

 

 

71,474

 

Net income (loss) per share:

 

 

 

 

 

 

 

 

 

Basic net income (loss) per share

 

$

1.33

 

 

$

(5.12

)

 

$

(2.07

)

Diluted net income (loss) per share

 

$

1.30

 

 

$

(5.12

)

 

$

(2.07

)

Schedule of Antidilutive Securities Excluded from Computation of Diluted Net Income (Loss) Per Share

The following table sets forth restricted stock units excluded from the calculation of diluted net income (loss) per share, since their inclusion would be antidilutive (in thousands):

 

 

 

Fiscal Years Ended March 31,

 

 

 

2026

 

 

2025

 

 

2024

 

Restricted stock units

 

 

1,894

 

 

 

608

 

 

 

820